517 E Chicago St
ElginIL60120
Cheap Homes for Rent in Gifford Park Neighborhood of Elgin, IL from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Gifford Park area of Elgin.
292 Villa St
ElginIL60120
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$1,3501 Bedroom Apartments Available Now
363 Prairie St, Unit 4
363 Prairie StElgin, IL 60120
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
119 Tennyson Ct
ElginIL60120
418 St Charles St
ElginIL60120
1143 Bayside Rd
ElginIL60123
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
276 Morgan St
ElginIL60123
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Gifford Park, Elgin, IL Local Guide
How much does it cost to rent a home in Gifford Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gifford Park 2 Bedroom Homes for Rent | $1,866 | $1,200 | $2,200 |
| Gifford Park 3 Bedroom Homes for Rent | $2,564 | $2,000 | $3,149 |
| Gifford Park 4 Bedroom Homes for Rent | $2,975 | $2,700 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Gifford Park Neighborhood of Elgin, IL.
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Gifford Park, Elgin, IL Local Guide
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Cheapest Available Gifford Park Apartments for Rent
The cheapest available apartment rental in the Gifford Park area of Chicago, IL is a 2 Beds unit found at Squire Village Apartments priced from $1,156. River's Landing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here are the most affordable Gifford Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Squire Village Apartments | 2BR/1.5BA | 2BR,1BA | $1,156 |
| River's Landing Apartments | 1 Bedroom 1 Bath 675 sq ft | 1BR,1BA | $1,235 |
| Royal Ridge Apartments | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Gifford Park, IL
As of June 20, 2026 the best value apartment in the Gifford Park area is the $0.88 price per square foot 4BR/1.5BA Model at Squire Village Apartments in the in the Beacon Pointe neighborhood starting from $1,482. The second greatest value Gifford Park apartment is the 2 Bed/ 2 Bath/ Den Model at Fountain Square starting at $2,600 with a $2.00 price per square foot in the College Green neighborhood. Here is today’s list of the best values for Gifford Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Squire Village Apartments | 4BR/1.5BA | 4BR,1.5BA | $0.88 |
| Fountain Square | 2 Bed/ 2 Bath/ Den | 2BR,2.5BA | $2.00 |
| River's Landing Apartments | 2 Bedroom 1 Bath 775 sq ft | 2BR,1BA | $1.87 |
| 1320 Getzelman Dr, Unit 3 | 1320 Getzelman Dr | 2BR,1BA | $2.00 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.14 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $2.04 |
| 24 Lynch St, Unit 9 | 24 Lynch St | Studio ,1BA | $2.00 |
| Royal Ridge Apartments | Studio | Studio ,1BA | $2.50 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleGifford Park, Elgin, IL
Ranked #5
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Gifford Park, Elgin, IL
School data provided by Great Schools
Frequently Asked Questions about Gifford Park
What type of rentals are currently available in Gifford Park?
There are currently 134 Apartments for Rent in Gifford Park, IL with pricing that ranges from $826 to $17,743. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gifford Park ranging from $825 to $3,400.
What is the current price range for Rental Homes in Gifford Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Gifford Park ranges from $825 to $3,400 with an average monthly rent of $2,135.
How much are larger Three and Four Bedroom Rentals in Gifford Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Gifford Park range from $2,200 to $3,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,149. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $1,482.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.